Siemens has narrowed down the list of potential acquirers in its auction of the Siemens Hearing Instruments business to five private equity firms plus one strategic acquirer. Siemens is among the top five hearing aid companies worldwide but, according to news reports, its shrinking sales and profit margins lagged industry leaders Sonova and William Demant in 2009. News reports … [Read more...] about Six Bidders Compete To Acquire Siemens Hearing Instruments
William Demant Holding
And Then There Were Six: GN Store Nord Puts GN ReSound On The Block
I wrote about the "seven sisters" of the global hearing aid industry a while ago, but now it appears there will be six. Consolidation among the largest manufacturers continues as GN Store Nord considers selling GN ReSound, the world's third-largest hearing-aid brand, to one of the other majors. … [Read more...] about And Then There Were Six: GN Store Nord Puts GN ReSound On The Block
The Seven Sisters of the Hearing Aid Industry
When you start thinking about buying a hearing aid, the choices can be dizzying. On first look, you would think there are hundreds of manufacturers. The reality is simpler. While there are scores of name brands, in fact only seven manufacturers control about 90 percent of the worldwide market for hearing aids. … [Read more...] about The Seven Sisters of the Hearing Aid Industry